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Group buys former Armour meatpacking site in Stockyards

The 16.8-acre site of the historic, former Armour meatpacking plant in Fort Worth’s Stockyards has changed hands, and its new owners aren’t saying anything about their plans. Chesapeake Land Development Co., which bought the site

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Social House Fort Worth plans to open mid-November

Social House has leased 5,045 square feet at 2801-2873 W Seventh St. in Fort Worth, according to Xceligent Inc.

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Ski Grand Prairie? TCU, UTA grad helping bring snow to Metroplex

For Levi Davis last week may have been a career peak, in more ways than one.

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GE rises most in year with equipment order increases, including at Fort Worth locomotive unit

NEW YORK — General Electric Co. beat analysts' profit estimates in the third quarter as Chief Executive Officer Jeffrey Immelt squeezed more costs from the manufacturing units.

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Cheesecake Factory gets ready to serve; Sundance tree lighting set

The Cheesecake Factory at Sundance Square will open on Dec. 9, officials with Sundance announced today. The 8,800-square-foot restaurant - being built in the

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Fort Worth calls Nov. 4 election for funding of new Will Rogers arena

By Scott Nishimura
snishimura@bizpress.net

The Fort Worth City Council unanimously voted to call a Nov. 4 election on funding a new 14,000-seat multipurpose arena at the Will Rogers Memorial Center.

Three sources of funding will be on the ballot:

  • A tax on tickets sold to events held at the arena, capped at 10 percent of the ticket price;
  • A tax on parking in a parking facility that serves the arena, capped at $5 of the total parking charge at the time of the arena’s first public event; 
  • A tax on each stall or pen used or occupied by livestock during events at the arena, capped at $1 a day and up to $20 for an event.

City officials have said their goal is that new revenue volume generated by the arena would overtake the need to raise tax rates.

City officials estimate the arena would cost $450 million. A nonprofit, Event Facilities Fort Worth, has committed to raise at least half that.

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